Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role…
Italy Finance Minister sought clarification from UniCredit CEO over Pop Sondrio, sources say
By Valentina Za and Giuseppe Fonte MILAN (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti sought clarification from UniCredit CEO Andrea Orcel over the lender’s potential interest in Popolare di Sondrio during a…
Senior US Treasury official travels to Iraq to counter illicit finance
By Daphne Psaledakis and Timour Azhari WASHINGTON/BAGHDAD (Reuters) -The U.S. Treasury Department’s top sanctions official traveled to Baghdad on Sunday, a Treasury spokesperson said, as Washington seeks to counter Iran’s sanctions evasion…
Hungary finance minister says inflation sensitive to global economic shocks
BUDAPEST (Reuters) – Hungary’s finance minister on Saturday warned against complacency despite a sharp fall in the European Union’s highest inflation rate, saying any new supply shock to the global economy could…
US Treasury, Chinese finance officials agree to keep meeting after Beijing talks
(Reuters) – Meetings between U.S. Treasury and Chinese financial officials in Beijing this week concluded with both sides agreeing to continue to meet regularly, the Treasury Department said on Friday. U.S. officials…
Japan’s finance minister: Watching currency moves carefully
By Leika Kihara TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Friday the government was watching currency moves carefully, when asked about the yen’s recent fast-pitched declines. “It’s important for…
French police search finance ministry tax offices over Neymar transfer -source
PARIS (Reuters) – French police have searched the Finance Ministry’s tax administration offices over allegations of favourable treatment granted to football club Paris-Saint-Germain over the transfer of Brazilian star Neymar, a source…
Russia’s finance ministry switches to FX sales as energy revenues drop
By Darya Korsunskaya and Alexander Marrow (Reuters) – Russia’s finance ministry said on Thursday it would switch to foreign currency sales from purchases in the coming weeks after December oil and gas…
Germany’s debt brake must be respected – finance minister
BERLIN (Reuters) – Germany’s debt brake must be respected, Finance Minister Christian Lindner told public broadcaster ARD on Tuesday, after a court ruling blew a 60-billion-euro ($64.92 billion) hole in the country…
Italy has no intention of backing EU budget rules it cannot meet, Finance Minister says
By Giuseppe Fonte ROME (Reuters) – Italy will not accept new European Union budget rules it cannot meet, Economy Minister Giancarlo Giorgetti said, as talks struggle to make progress ahead of an…
German finance minister defends 2023 debt brake suspension forced by court ruling
By Christian Kraemer and Maria Martinez BERLIN (Reuters) – German Finance Minister Christian Lindner defended on Friday his supplementary budget for 2023 which suspends Germany’s cap on borrowing this year after a…
India approves new finance panel to suggest sharing of federal taxes
NEW DELHI (Reuters) – The Indian government on Tuesday approved the setting up of a new Finance Commission that will recommend how federal taxes will be shared with states. The federal cabinet…
Israel’s economic growth to slow to 2% in 2023 due to war -finance ministry
By Steven Scheer JERUSALEM (Reuters) -Israel’s economy is expected to grow 2% in 2023, down from a prior estimate of 2.7%, the Finance Ministry said on Thursday citing the effects of Israel’s…
Russia’s budget deficit seen at around 1% of GDP this year -finance minister
MOSCOW (Reuters) – Russia’s budget deficit will be around 1% of gross domestic product (GDP) this year, Finance Minister Anton Siluanov said on Wednesday, marking the latest improvement in Russia’s fiscal health…
Italy govt 2023 GDP growth target could be revised downwards, Finance Minister says
ROME (Reuters) – Italy’s government could revise downwards its growth target for this year which was set at 0.8% in September, Economy Minister Giancarlo Giorgetti said on Tuesday. The country’s economy stagnated…
Yellen says APEC finance ministers agree to expand output sustainably
SAN FRANCISCO (Reuters) – U.S. Treasury Secretary Janet Yellen said that finance ministers from Asia-Pacific Economic Cooperation countries on Monday affirmed their desire to expand their economies’ potential output in a sustainable…
South Korea inflation likely to ease in November – finance minister
SEOUL (Reuters) – South Korean inflation is likely to ease in November to about 3.6% as prices of agricultural products have started to fall, the finance minister said on Sunday. South Korea’s…
Potential for remittance income to be cut by AI, says Philippines finance minister
By Rodrigo Campos NEW YORK (Reuters) -Philippines Finance Minister Benjamin Diokno says there is potential that the remittances that help power the southeast Asian economy could be replaced by AI. Money earned…
China to accelerate issuance of government bonds, finance minister says
BEIJING, China (Reuters) – China will accelerate the issuance and use of government bonds, state-run news agency Xinhua reported on Sunday citing an interview with new finance minister Lan Foan. The finance…
Global finance chiefs to face tougher China questions at Hong Kong summit
By Kane Wu and Scott Murdoch HONG KONG (Reuters) – Global investment bank and asset manager chiefs are reuniting in Hong Kong next week amid geopolitical tensions and China’s economic slowdown, seeking…
O’Scanlon Calls on New Jersey Local Finance Board to Enforce Laws Against Unconscionable Jersey City “Boat Checks”
Sen. Declan O'Scanlon sent a letter to the New Jersey Local Finance Board calling on members to enforce laws against the unlawful waste of taxpayer dollars on boat checks.…
Former FTX Executive Sheds Light On Dem Megadonor’s Alleged Campaign Finance Violations
Former FTX Executive Sheds Light On Dem Megadonor’s Alleged Campaign Finance Violations Jason Cohen on October 16, 2023 A former FTX cryptocurrency exchange executive during testimony on Monday detailed accused fraudster and…
South Korea plans to offer bigger tax refunds to foreign tourists – Finance Minister
SEOUL (Reuters) – South Korea is considering raising the maximum amount of tax refunds for foreign tourists on their domestic shopping, its finance minister said on Monday, to boost consumer spending amid…
Yellen: met with S.Korean finance minister, looking forward to trilateral with Japan
MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday said she met with South Korean Finance Minister Choo Kyung-ho, and looked forward to a trilateral meeting with Japan’s finance minister.…
Italy Finance Minister says great concern among G7/G20 countries for Middle East crisis
MARRAKECH (Reuters) – There is great concern among the world’s major economies about the fallout from the crisis in the Middle East after last week’s attack on Israel, Italy’s economy minister said…
G7 finance leaders condemn Hamas ‘terror attacks’ on Israel
By Leika Kihara and David Lawder MARRAKECH, Morocco (Reuters) -Finance leaders of the Group of Seven (G7) advanced nations on Thursday condemned “terror attacks” on Israel by Hamas and voiced their “unwavering”…
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